HR 388 · 118th Congress · Government Operations and Politics

Securities and Exchange Commission Real Estate Leasing Authority Revocation Act

Introduced 2023-01-17· Sponsored by Del. Norton, Eleanor Holmes [D-DC-At Large]· House

Bill Progress

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Introduced
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Committee
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House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2023-01-26)

Plain Language Summary

[AI summary unavailable — showing source text] Securities and Exchange Commission Real Estate Leasing Authority Revocation Act This bill revokes the authority of the Securities and Exchange Commission (SEC) to lease general purpose office space and instead provides for the General Services Administration to lease such space for the SEC. The bill's provisions do not affect those leases entered into by the SEC before this bill's enactment. The Government Accountability Office must (1) complete a review under which it shall update a 2016 report with respect to independent leasing authorities, and (2) report to Congress on the review.…

Summarized by Claude AI · Non-partisan · For informational purposes only